$79,000
SOLD OCT 22, 2024
Last list price

228 Cherry Dr Lexington, TX 78947

0.15 Acre
$526,667 Price per Acre
6,534 Sq Ft Lot

Recently Sold

$46 Per Sq Ft

60 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Shed
  • Lexington Middle School Rated A-
  • Neighborhood Views
  • Back and Front Yard

About This Lot

As of October 2024

Nice size (55'x111') corner lot with 1/1 - circa 1925 home with separate workshop, in the city limits with city utilities already turned on
and ready to be transferred at closing, so no reconnect fees! This corner lot is in a great location in "Old Town" on Cherry Drive, once referred to as Diaper Avenue and is within walking distance of both L.I.S.D. campuses and many other nearby amenities; Round Top Bank,
Granny's Restaurant, Herk's Store and Grill, Eagle's Corner Laundromat, Country Time Salon, Hildebrandt's Meat Market, Fresh Donut
for early morning breakfast or coffee and several churches to choose from too.
The home is in rough shape and the Buyer can decide if it's a "tear down" or "fixer upper", but a growing Lexington is in need of both, affordable homes and rental property, so either a complete remodel or a tear down with a new build for income potential could be a possibility!

Last Agent to Sell the Property

Keith Bexley

Bexley Land & Cattle LLC Brokerage Phone: (979) 773-4423 License #0533599 Listed on: 08/23/2024

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,080

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Few Trees
  • Back and Front Yard
  • Property is in average condition

Parking

  • Driveway

Schools

  • Lexington Elementary And Middle School
  • Lexington High School

Additional Features

  • Neighborhood Views
  • City Lot

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 228 Cherry Dr.

Community Details

Overview

  • S1430 Simpson Subdivision

Recreation

  • Shed
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$1,080

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Additional Parcels: No
  • Directions: From Hwy. 77 and Cherry Drive, turn onto Cherry Drive. House will be the 5th house on the right with a Bexley Land and Cattle sign in yard.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure, Seller Provided Survey Available
  • Fencing: None
  • Other Structures: Outbuilding, Shed(s), Storage
  • Road Surface Type: Asphalt
  • Special Listing Conditions: Real Estate Owned
  • Attribution Contact: (979) 773-4423
  • Attribution Contact: (979) 773-4423
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 1109.00
  • FEMA Flood Plain: No,Yes-100 yr
  • Restrictions: City Restrictions
  • Tax Exemptions: None
  • Mineral: None
  • Num Barns: 0
  • Special Features: RealEstateOwned

Interior Features

  • View: Neighborhood
  • Property Condition: See Remarks, Fair

Exterior Features

  • Exterior Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Numof Ponds: 0
  • Numof Wells: 0
  • Num Sheds: 1

Garage/Parking

  • Numof Garages: 0

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Association/Amenities

  • Community Features: None

Schools

  • Elementary School: Lexington
  • High School: Lexington
  • Middle/Junior School: Lexington
  • Junior High Dist: Lexington ISD

Lot Info

  • Lot Features: Back Yard, City Lot, Corner Lot, Few Trees, Front Yard, Level, Public Maintained Road, Trees-Large (Over 40 Ft), Trees-Moderate
  • Lot Size: 59’x111’
  • Topography: Level
  • Parcel Number: 228 Cherry Dr.
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Subdivision Name: S1430-SIMPSON
  • Shed Condition: Fair
  • Endangered Species: Unknown
  • Livestock Yn: 0
  • Num Corrals: 0

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Rate: 1.86950000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Kaiser Ruth Ann and Kaiser Ruth
Bought by
Kaiser Robert Wayne
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $310,000 +349.3% $246 / Sq Ft
10/22/2024 10/22/24 Sold -- -- --
10/22/2024 10/22/24 Sold -- -- --
10/08/2024 10/08/24 Price Changed $69,000 0.0% $40 / Sq Ft
10/08/2024 10/08/24 Price Changed $69,000 -12.7% $40 / Sq Ft
08/23/2024 08/23/24 For Sale $79,000 0.0% $46 / Sq Ft
08/23/2024 08/23/24 For Sale $79,000 -- $46 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,080 $59,320 $17,160 $42,160
2023 $1,657 $88,620 $15,770 $72,850
2022 $1,553 $73,610 $11,930 $61,680
2021 $1,204 $66,640 $6,770 $59,870
2020 $1,164 $57,610 $4,740 $52,870
2019 $1,113 $44,940 $6,160 $38,780
2018 $1,024 $44,130 $6,160 $37,970
2017 $933 $40,180 $5,810 $34,370
2016 $849 $35,460 $3,750 $31,710
2015 -- $42,440 $2,760 $39,680
2014 -- $42,090 $2,630 $39,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4340423

Unlock MLS (Austin Board of REALTORS®)

APN: 16649